Retirement plan

EASTER SEALS DELAWARE & MARYLANDS EASTERN SHORE RETIREMENT PLAN

Name: EASTER SEALS DELAWARE & MARYLANDS EASTERN SHORE - EASTER SEALS DELAWARE & MARYLANDS EASTERN SHORE RETIREMENT PLAN (2024) Form 5500
Creator: EASTER SEALS DELAWARE & MARYLANDS EASTERN SHORE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EASTER SEALS DELAWARE & MARYLANDS EASTERN SHORE RETIREMENT PLAN, EASTER SEALS DELAWARE & MARYLANDS EASTERN SHORE

EASTER SEALS DELAWARE & MARYLANDS EASTERN SHOREEIN 51-0066728Plan #001PY 2024

61 CORPORATE CIRCLE - NEW CASTLE, DE 197202439302-324-4444LinkedIn501-1000 employeeshospital & health care

Prospect flagsLow returnsLow participation

How to read this page

Total assets (EOY)

$15.7M

+9.5% from 2023

Total participants

444

+40.1% from 2023

Average account balance

$56,967

-12.3% from 2023

Annual return

10.55%

-4.79 pp from 2023

Benchmarks

See 1,035 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants250-999

Cohort1,035 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$15.72M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$57K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

276

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

49.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.16M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+10.55%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$99

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 7 by compensation

Provider	Service type	Compensation
PRINCIPAL LIFE INSURANCE COMPANY10+ years Service code 13 · EIN 42-0127290	Contract Administrator	$17,856
ATLANTIC PENSION SERVICES, INC.1 year Filed as: ATLANTIC PENSION SERVICES Service code 13 · EIN 23-2942715	Contract Administrator	$8,050
ATLANTIC PENSION SERVICES, INC.1 year Service code 13	Contract Administrator	$6,378
RKG PACKAGED RETIREMENT SOLUTIONS1 year Service code 99 · EIN 86-1926015	Other Fees	$293
VOYA RETIREMENT INSURANCE & ANNUITY1 year Filed as: VOYA RETIREMENT INSURANCE AND ANNUI Service code 27 · EIN 71-0294708 PO BOX 990067 · HARTFORD, CT 061990067	Advisory (Plan)	$162
MORNINGSTAR1 year Filed as: MORNINGSTAR INVESTMENT MANAGEMENT Service code 26 · EIN 36-4317381	Advisory (Participants)	$0
WILSHIRE ASSOCIATES INCORPORATED3 years Filed as: WILSHIRE ADVISORS LLC Service code 27 · EIN 95-2755361	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2F2G2K2M2S2T3D

Plan features

2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$27K

$83 / participant

Contract admin$27K100.0%

% of EOY assets

0.174%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BELFINT, LYONS & SHUMAN, P.A.
Auditor EIN: 510232399
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$56,967

$65,960-13.6%

$81,844-30.4%

$77,736-26.7%

Participation rate

49.1%

65.8%-16.7pp

72.4%-23.3pp

70.6%-21.5pp

Annual return

10.55%

26.64%-16.1pp

778.87%-768.3pp

31.26%-20.7pp

Employer contribution / active EE

$1,184

$2,375-50.1%

$2,916-59.4%

$2,728-56.6%

Participant deferral / active EE

$2,340

$3,505-33.2%

$4,323-45.9%

$4,651-49.7%

Admin fee / account holder

$99

$526-81.2%

$7,355-98.7%

$433-77.1%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY10+ years

Service code 13 · EIN 42-0127290

Contract Administrator

$17,856

ATLANTIC PENSION SERVICES, INC.1 year

Filed as: ATLANTIC PENSION SERVICES

Service code 13 · EIN 23-2942715

Contract Administrator

$8,050

ATLANTIC PENSION SERVICES, INC.1 year

Service code 13

Contract Administrator

$6,378

RKG PACKAGED RETIREMENT SOLUTIONS1 year

Service code 99 · EIN 86-1926015

Other Fees

$293

VOYA RETIREMENT INSURANCE & ANNUITY1 year

Filed as: VOYA RETIREMENT INSURANCE AND ANNUI

Service code 27 · EIN 71-0294708

PO BOX 990067 · HARTFORD, CT 061990067

Advisory (Plan)

$162

MORNINGSTAR1 year

Filed as: MORNINGSTAR INVESTMENT MANAGEMENT

Service code 26 · EIN 36-4317381

Advisory (Participants)

WILSHIRE ASSOCIATES INCORPORATED3 years

Filed as: WILSHIRE ADVISORS LLC

Service code 27 · EIN 95-2755361

Advisory (Plan)

EASTER SEALS DELAWARE & MARYLANDS EASTERN SHORE RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EASTER SEALS DELAWARE & MARYLANDS EASTERN SHORE RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion